Modern Dairies filed a SEBI LODR Clause 32 statement confirming no material deviation in utilization of ₹10.75 lakhs from preferential issue proceeds.
The statement, covering three fundraising events totaling ₹2,587.5 lakhs, was reviewed and approved by the Audit Committee and Board on 22nd May 2026.
Minor variation noted in utilization of ₹10.50 lakhs from equity conversion, with ₹794.46 actually utilized against full allocation.